Reuters, 9 Mar 2009, Michael Flaherty and Saeed Azhar
Chartered Semiconductor plans to raise about $300 million through a rights offering, sources said, as the struggling contract chip maker looks to boost its capital base in a battered sector.
Shares in Singapore-based Chartered (CSMF.SI) tumbled more than 20 percent on Monday and the company requested trading in its stock to be halted.
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